IUSDJPY_-_Japan_(Yen)_Index_Weekly.gif

A close today under 101.26 USD/JPY (over 98.77 Futures)
Puts in an OR weekly pattern.

This is important because the devaluation of the Yen led world Equity Indices higher. The chart patterns have been mirror images.

This will be a late day affair. We’ll be using a 4 P.M. NY close.

130524_063159_CQG_IC_Chart_IUSDJPY_-_Japan_(Yen)_Index_Weekly

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